Exceptional trophy investment opportunity in one of Los Angeles' most sought-after rental corridors. This extensively upgraded triplex offers strong in-place income, pride of ownership, and substantial value-add potential through planned unit expansion and the opportunity to add ADUs (buyer to verify).Positioned directly across from the Metro E Line, tenants enjoy… Read More immediate access to Downtown Los Angeles, Santa Monica, and major employment centers, creating a highly desirable transit-oriented living experience. Located just blocks from USC, the property is ideally suited for student housing and maximizing rental income potential.The property features three clean, well-maintained units, significant recent capital improvements, and multiple avenues for future revenue growth. Situated within walking distance of Exposition Park, the Natural History Museum, California Science Center, Los Angeles Memorial Coliseum, BMO Stadium, the Rose Garden, IMAX Theater, and numerous dining and entertainment destinations, the location offers an exceptional lifestyle and rental appeal. With a Walk Score of 74 and Bike Score of 82, this vibrant and rapidly growing neighborhood continues to attract students, young professionals, and long-term residents alike. Rarely does an asset combine turnkey condition, premier location, transit accessibility, and meaningful development upside in such a compelling package. A true legacy investment delivering immediate cash flow today with significant long-term appreciation and income growth potential. Contact listing agent for additional information. Read Less
Property listed by Coldwell Banker Realty, Payam Shamouil 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
8
Square Ft.
3,024
Lot Size
0.14 Acres
Year Built
1945
MLS Number
26851221
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1945, Living area: 3024.0, 1 building, 2 stories, Levels: MultiSplit
Community
Gated
Heating
WallFurnace
Income
Gross Income: $117,600, Net Operating Income: $91,600
Lot
0.1367 acres
Parking
7 total parking spaces, Driveway
Property
UpdatedRemodeled
Security Features
GatedCommunity
Taxes
Parcel Number: 5041036029, Zoning: LAR2
Tenant Pays
Electricity, Gas
Find The Perfect Home
'VIP' Listing Search
Join our email list to have access to the best off market listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
Michael Harby
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
